Slides in this set

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Enquiry question: What are the main groupings of nations and what differences in levels of power and wealth exist? According to the spec, students need to learn: The disparities in global wealth and poverty, through broad economic and political groupings of countries (e.g. NICs, OPEC, LEDCs, LDCs, OECD and trade blocs like NAFTA).…read more

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Countries can be put into broad economic and political groups because wealth and power aren't shared out equally around the world These groups change over time as the wealth and power of countries change For example, most countries used to be classed as either More or Less Economically Developed It's now thought that this system is too simplistic ­ there are too many stages of economic development to put all countries into only 2 categories.…read more

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Least Developed Countries (LDCs) are a group of around 50 countries that are defined by very low incomes, poor health, low education, economic instability and their heavy debt to richer countries, e.g. Mozambique Their economies are usually based on agriculture, so crop failures can lead to economic disaster Countries are moved out of the LDC group when conditions improve, e.g. Botswana…read more

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The majority of LDCs are located in the African continent, with a few located in Asia as well as Oceania, and only one in the Americas (Haiti)…read more